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Side-by-side financial comparison of PDD Holdings Inc. (PDD) and TAL Education Group (TAL). Click either name above to swap in a different company.

Pinduoduo is a Chinese online retailer, with a focus on the traditional agriculture industry. The business is the largest product of PDD Holdings, a company currently headquartered in Ireland that also owns the online marketplace Temu.

TAL Education Group, which stands for "Tomorrow Advancing Life", is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China. The company was founded in August 2003 by Zhang Bangxin and Cao Yundong, as "Xueersi".

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PDD
PDD
TAL
TAL
Q3 25
$15.2B
Q2 25
$14.5B
Q3 24
$14.2B
Q1 24
$12.0B
Q3 23
$9.4B
Q2 23
$7.2B
Q4 22
$5.8B
Q3 22
$5.0B
Net Profit
PDD
PDD
TAL
TAL
Q3 25
$4.1B
Q2 25
$4.3B
Q3 24
$3.6B
Q1 24
$3.9B
Q3 23
$2.1B
Q2 23
$1.8B
Q4 22
$1.4B
Q3 22
$1.5B
Gross Margin
PDD
PDD
TAL
TAL
Q3 25
56.7%
Q2 25
55.9%
Q3 24
60.0%
Q1 24
62.3%
Q3 23
61.0%
Q2 23
64.3%
Q4 22
77.6%
Q3 22
79.1%
Operating Margin
PDD
PDD
TAL
TAL
Q3 25
23.1%
Q2 25
24.8%
Q3 24
24.5%
Q1 24
29.9%
Q3 23
24.2%
Q2 23
24.3%
Q4 22
22.9%
Q3 22
29.4%
Net Margin
PDD
PDD
TAL
TAL
Q3 25
27.1%
Q2 25
29.6%
Q3 24
25.1%
Q1 24
32.3%
Q3 23
22.6%
Q2 23
25.1%
Q4 22
23.7%
Q3 22
29.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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